Corporations Amendment (No. 1) Act 2010 (131 of 2010)
Schedule 1 Amendments
Australian Securities and Investments Commission Act 2001
1 Subsection 35(1)
Repeal the subsection, substitute:
(1) Where a member or staff member has reasonable grounds to suspect that there are, or may be within the next 3 days, on particular premises in Australia, books whose production could be required under this Division, he or she may:
(a) lay before a magistrate an information on oath or affirmation setting out those grounds; and
(b) apply for the issue of a warrant to search the premises for those books.
Note: The heading to section 35 is altered by omitting " not produced ".